ASK ME ANYTHING: Orion Health chief executive Ian McCrae
UPDATE: The audio is now live. Click the box above to listen to Ian McCrae's replies.
Orion Health [NZX:OHE] chief executive, co-founder and Rich Lister Ian McCrae is next up in the AMA chair — having accepted a reader's challenge to do an Ask Me Anything challenge during an exchange in comments after an NBR story last week.
With more than 1200 staff and $207 million revenue, Orion, a maker of software to wrangle patient records, is neck-and-neck with Xero for the status of New Zealand's largest software company.
Like Xero, it's made big losses (including $54 million in its annual result filed yesterday) as it prioritises global expansion over profit.
And, again like Rod Drury's outfit, its shares have been on a roller coaster ride — most recently on a strong upward path after a string of big deals. That's pushed the company's market cap above $700 million (and also boosted the chief executive's wealth; athough he has a modest Kiwi demeanor that means he would never highlight it, Mr McCrae owns 50.54% of his company's stock).j
Unlike Xero, Orion has made a profit in the past and is promising to do so again by 2018.
You can ask McCrae anything you like by leaving a question in Comments & Questions below.
Please, one question per post.
Note questions won't immediately appear, and that if we have too many, priority will be given to Verified subscribers (go get Verified click MyNBR on the navbar top left of our home page then follow the prompts).